Local Expertise, Global Impact: Oporto Accounting's Due Diligence Guides U.S. Investment into Portuguese Industry In a significant cross-border transaction underscoring Portugal's appeal for international investment, Oporto Accounting, a leading Portuguese...

Portugal NIPC: What the Corporate Identification Number is and why it matters
Setting up or expanding a business in Portugal involves several essential steps, and one of the most important is obtaining the Corporate Identification Number (Número de Identificação de Pessoa Coletiva – NIPC). Any company operating legally in the country must have...

How can a Foreign Citizen Work in Portugal?
How can a foreign citizen work in Portugal? To carry out a professional activity in Portugal, it is necessary to obtain a Social Security Identification Number (NISS), whether the activity is self-employed (Independent Worker) or employed by a company (Dependent...

Foreign Direct Investment Reaches Record Levels in Porto
Foreign direct investment reaches record levels in Porto Between 2020 and 2024, the city of Porto attracted 2.4 billion euros in Foreign Direct Investment (FDI). Technology and innovation, logistics and infrastructure, and tourism were among the sectors with the...

OportoAccounting Welcomes Carlos Araújo as Partner
OportoAccounting is proud to announce the appointment of Carlos Araújo as Partner and Director of the Accounting Department. With a distinguished career spanning over 20 years in Financial Auditing and Accounting, Carlos has honed his expertise at renowned companies...

OportoAccounting Welcomes Diogo Espírito Santo to the Team
We are pleased to announce the addition of Diogo Espírito Santo to our Accounting Department. Diogo is a Certified Accountant with the Portuguese Board of Accountants (OCC), specializing in Accounting and Taxation. With extensive experience in digital accounting and...

Guide for a Smooth IRS Campaign
The State Budget and some changes introduced during the year have brought changes that need to be taken into account when filling in your tax return. The deadline is tomorrow. Here are the most important rules. Deadlines: Three months to file your tax return. The...

New Cash VAT Scheme for SMEs with Turnover Up to €2 Million
The Decree-Law was recently published in the Diário da República and will come into force in July 2025, allowing companies that were not previously covered to join the scheme via the Finance Portal. From July 1, 2025, the new cash VAT regime will be extended to...

VW Says New Entry-Level Electric Car to be Built in Portugal
VW says new entry-level electric car to be built in Portugal Volkswagen will build its 20,000-euro ($21,636.00) electric car launching in Europe in 2027 at its plant in Palmela, Portugal, its brand chief said on Monday. Volkswagen has revealed that it will...

Financial Times Names Porto Best European City for Investment
Financial Times elects Porto as the best European city of the future in attracting investment The Financial Times has once again awarded the city of Porto the title of best European city of the future in the category Foreign Direct Investment (FDI) Strategy for...
